European regulators have imposed €114m (£97m) in fines under the GDPR regime for data privacy infringements, with a further €329m in fines threatened by the UK regulator

Croner-i has launched its brand new Navigate Audit service designed to simplify and support audit compliance with an improved PCAS suite with an easily tailored macro-free Excel tool linked to clear, comprehensive guidance

DSG Retail Ltd, a subsidiary of Dixons Carphone, has been hit with a £500,000 fine, the maximum possible over a data breach

Foreign exchange company Travelex has admitted it is being held to ransom by hackers after a cyber-attack meant the business has had to turn off all computer systems and carry out processes manually

Big Four firm EY has expanded its consulting arm with the acquisition for an undisclosed sum of AgilityWorks, a technology consultancy business with offices in the UK, Portugal and India 

Artificial intelligence (AI) is not yet advanced enough to challenge judgmental accounting and auditing decisions made by humans, but it will not be long before the technology can do so. Pete Hirsch, chief technology officer at Blackline, examines the potential of AI

ICAEW has announced a partnership with financial data analytics software company Inflo to give smaller accounting firms access to analytics dashboards and artificial intelligence (AI) tools

MPs are demanding regulators take action to reduce the current level and frequency of IT failures in the financial services sector, which a Treasury select committee report has branded ‘unacceptable’

Jonathan Amponsah CTA FCCA, founder of The Tax Guys, takes a look at a selection of apps to help manage business finances, keep track of accounts and maximise productivity

If partial automation has not yet arrived in the accounts payable department of your organisation, it will not be long before it does, says Magali Michel, director at Yooz

Debbie Green, vice president of applications at Oracle UK, analyses how the latest technologies can be best utilised for accountants and provides advice on how companies can benefit from artificial intelligence (AI) and machine learning

KPMG has taken on extra office space in Manchester to extend its national technology innovation hub, bringing the total number of staff employed in the city to over 1,000

A team of academics at Lancaster University has developed an app to help investors and regulators make sense of hard-to-understand financial reports, after finding that while annual reports have doubled in length in the last decade, there has been no improvement in their readability score

KPMG plans to expand its software engineering degree apprenticeship, quadrupling the number of applicants, as the firm embarks on a drive to train more engineers to support its technology team